General World News

Credit card startup Deserve raises $17 million to help young people build their credit in a system that makes it way too hard

Posted BusinessMediaguide.Com
Deserve

  • Deserve is a new company that’s focused on helping young people build credit.
  • It just raised $17 million from Sallie Mae, Accel, Pelion, Aspect Ventures, and Mission Holdings.

For many college students, there’s a Catch-22 when it comes to their finances: They can’t get a credit card or student loan because they have no credit history. But they have no credit history because they can’t get a credit card or student loan – or at least, not a good one.

This dilemma is all too familiar to Kalpesh Kapadia, CEO and founder of Silicon Valley-based startup Deserve — which today announces a read more >>>

Source:: BusinessInsider.Com